ZAWYA: Al Moammar Information Systems acquires 15% stake in Eltizam insurance platform

About this update from Al Moammar Information Systems Company

Staff WriterSaudi-listed Al Moammar Information Systems Company (MIS) has completed the acquisition of a 15% stake in the Eltizam insurance platform in a bid to diversify its business portfolio.The transaction, first announced in October 2025, values the stake at SAR 19.5 million, implying a total company valuation of SAR 130 million.MIS' stock price was up 6.9% YTD during the morning session.(Writing by Ahmad Mousa; editing by Seban Scaria)[email protected]: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

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